Cointelegraph.com
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Cointelegraph.com - 21:25 Aug 18, 2025
The SEC has pushed back decisions on Truth Social’s Bitcoin-Ethereum ETF, Solana products from 21Shares and Bitwise and 21Shares’ Core XRP Trust — all now set for October deadlines. The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October. In notices filed Aug. 18, the agency set new decision dates of Oct. 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF, Oct. 16 for 21Shares’ and Bitwise’s Solana ETFs, and Oct. 19 for the 21Shares Core XRP Trust. The Truth Social Bitcoin and Ethereum ETF, submitted on June 24, is structured as a commodity-based trust holding Bitcoin (BTC) and Ether (ETH) directly and issuing shares backed by those assets. While branded under US President Donald Trump’s Truth Social platform, it functions like other spot Bitcoin and Ether ETFs already on the market. Read more -
Cointelegraph.com - 21:00 Aug 18, 2025
Gemini’s lead comes after a series of updates, while OpenAI’s ChatGPT and xAI’s Grok have suffered missteps. Bettors on Kalshi, a prediction market, forecast that Google’s Gemini will emerge as the top artificial intelligence text model by the end of 2025. The positions reflect the ongoing developments of Gemini’s competitors as the large language model (LLM) race heats up. Since Tuesday, Gemini has taken a commanding lead with 57% of users betting on the model, up from 48.1% on the previous date. During that same time, OpenAI’s ChatGPT model has fallen to 20% from 25.4%, and xAI’s Grok odds have decreased to 15% from 18.8%. This particular Kalshi prediction scenario will resolve on Dec. 31, with bettors of the winning model receiving their allotted amount. The LM Arena Leaderboard, “an open platform where everyone can [...] access, explore and interact with the world’s leading AI models,” will verify the outcome. Currently, $7.4 million in volume has been seen on this prediction scenario. Read more -
Cointelegraph.com - 20:44 Aug 18, 2025
Bitcoin derivatives, spot ETFs, top trader positions and stablecoin demand suggest BTC’s correction is near completion. Key takeaways: The Bitcoin options skew and stablecoin activity show fear remains contained, pointing to limited downside pressure. Spot BTC ETF flows and top trader positioning confirm liquidity and resilience, signaling recovery potential above $120K. Read more -
Cointelegraph.com - 20:30 Aug 18, 2025
The comments, due by Oct. 17, will focus on “innovative methods to detect illicit activity involving digital assets,” as required by the GENIUS Act. The US Treasury Department has issued a call for comments related to the passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, signed into law by President Donald Trump in July. In a Monday notice, the Treasury said “interested individuals and organizations” could provide feedback to the government department on “innovative or novel methods, techniques, or strategies to detect and mitigate illicit finance risks involving digital assets.” Treasury officials said the call for comments by Oct. 17 was part of the requirements under the GENIUS Act. In a Monday X post, Treasury Secretary Scott Bessent called the move “essential” for implementing the law to “[secure] American leadership in digital assets.” After receiving comments from the public, the Treasury will research the methods proposed and submit reports to the Senate Bank... -
Cointelegraph.com - 19:45 Aug 18, 2025
ETH upside remains programmed thanks to record spot ETF inflows even as the altcoin’s price consolidates in the $3,900 to $4,400 liquidity zone. Key takeaways: Ether faces a liquidity battle between the $3,900 support and $4,400 resistance. Record ETF inflows of 649,000 ETH highlight sustained institutional demand. Read more -
Cointelegraph.com - 19:29 Aug 18, 2025
The former Ohio senator’s 2024 race against Bernie Moreno, whose campaign was bolstered by money from the crypto industry, was one of the most expensive in the state’s history. Former Ohio Senator Sherrod Brown, who lost his US Senate seat in 2024 to Republican Bernie Moreno amid more than $40 million in spending backed by the crypto industry, has launched an election bid for 2026. In a Saturday notice, Brown said he will run for Republican Senator Jon Husted’s seat in the 2026 US midterm elections — Moreno, who defeated Brown in 2024, won’t be up for reelection until 2030. The former senator, who was one of the more outspoken voices on crypto in the previous session of Congress, lost to Moreno with more than 46% of the vote after a digital asset-backed political action committee (PAC) spent more than $40 million in media buys. Read more -
Cointelegraph.com - 19:08 Aug 18, 2025
Circle’s new layer 1 blockchain will debut with Fireblocks support as the stablecoin sector expands, with Circle and Tether vying for market dominance. Circle’s new layer-1 blockchain Arc will integrate with Fireblocks, a New York–based digital asset custody and tokenization platform serving more than 2,400 banks, asset managers and fintechs. Arc is not yet live, but Circle plans to roll out a public testnet this fall ahead of a full launch by year-end. Fireblocks said it prepares custody and compliance support so clients can transact on Arc once the network launches. Its platform supports over 120 blockchains and facilitates settlement for institutions across global markets. The unusually early integration drew some criticism on X. Solana, for example, launched in 2020, but wasn’t added to Fireblocks until late 2021, after its ecosystem reached critical mass. Arc will instead debut with Fireblocks integration, giving banks and asset managers “day one” access. Read more -
Cointelegraph.com - 18:45 Aug 18, 2025
Web3 remains a popular buzzword in crypto, but are DApps and altcoins actually delivering on their promises? Key takeaways: Web3 daily activity held steady at 24 million in Q2 2025, but sector composition is shifting. DeFi leads transaction counts with 240 million weekly, yet Ethereum gas usage is now dominated by the RWA, DePIN and AI. Read more -
Cointelegraph.com - 18:00 Aug 18, 2025
Bitcoin is showing signs of exhaustion, suggesting a deeper correction toward the $110,530 support. Will altcoins follow? Key points: Bitcoin is showing a negative divergence on the charts, signaling a weakening in bullish momentum. Buyers need to maintain Ether above $4,094 to retain the upper hand. Read more -
Cointelegraph.com - 17:30 Aug 18, 2025
Bitcoin buy signals may emerge from bond market stress, but whale investor activity and dormant coins raise short-term volatility risks. Key takeaways: Bond market stress has historically aligned with Bitcoin cycle bottoms and could signal new buy opportunities. US debt surpassing $37 trillion and elevated 10-year yields point to macroeconomic pressures that may favor Bitcoin in Q4. Read more -
Cointelegraph.com - 17:20 Aug 18, 2025
BitMine and SharpLink, the two largest corporate holders of ETH, have been racing to accumulate more Ether as ecosystem interest heats up. BitMine Immersion Technologies, a publicly traded Bitcoin (BTC) mining company, has added 373,000 Ether (ETH) tokens to its treasury in the past week, bringing its holdings of the world’s second-largest cryptocurrency to 1.52 million tokens worth $6.6 billion. The move comes as the Ethereum ecosystem has seen renewed interest. However, BitMine’s share price has suffered as the company has added more ETH to its treasury. According to Google Finance, BitMine shares have dropped 14.2% since Aug. 11, the same period during which it has bolstered its Ether holdings. BitMine Chairman Thomas Lee said in a statement that the company increased its Ether holdings as “institutional investors have expressed interest” in its ETH accumulation strategy. This strategy is known as the “alchemy of 5%” in which BitMine hopes to acquire 5% of the circulating Ethereum supply. Read more -
Cointelegraph.com - 16:33 Aug 18, 2025
Bitcoin and Ether draw late shorts as price action begins to target liquidation clusters after a cross-crypto price drawdown. Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Read more -
Cointelegraph.com - 15:10 Aug 18, 2025
Ether achieves its highest weekly close in four years, with key support between $4,000 and $4,150 and several resistance levels above. Key takeaways: ETH price hit a 4-year high weekly close at $4,475, driven by ETF inflows and high network activity. A key support zone for Ether sits between support at $4,000 and $4,150. Read more -
Cointelegraph.com - 14:11 Aug 18, 2025
Animoca Brand’s gaming token TOWER grew 8X fast than Ethereum this month; gaming investment and active wallets went up in July. Web3 Gamer. A gaming crypto token created by Animoca Brands has surged 214% over the past month and caught the eye of savvy investors after the companys popular chairman, Yat Siu, gave it a social media boost. Tower was the fifth-most popular cryptocurrency among smart investors on the Base network over the past seven days, according to onchain analytics platform Nansen. Tower is a utility token used across a slew of Animoca titles, including play-to-earn mobile defense game Crazy Kings, Crazy Defense Heroes and real-time PvP fighting game Wreck League. Siu said the hype for the token came down to excitement around the reboot of Wreck League, as well as momentum from the token trending on Base and Farcaster. Read more -
Cointelegraph.com - 14:11 Aug 18, 2025
Animoca Brand’s gaming token TOWER grew 8X fast than Ethereum this month; gaming investment and active wallets went up in July. Web3 Gamer. A gaming crypto token created by Animoca Brands has surged 214% over the past month and caught the eye of savvy investors after the companys popular chairman, Yat Siu, gave it a social media boost. Tower was the fifth-most popular cryptocurrency among smart investors on the Base network over the past seven days, according to onchain analytics platform Nansen. Tower is a utility token used across a slew of Animoca titles, including play-to-earn mobile defense game Crazy Kings, Crazy Defense Heroes and real-time PvP fighting game Wreck League. Siu said the hype for the token came down to excitement around the reboot of Wreck League, as well as momentum from the token trending on Base and Farcaster. Read more -
Cointelegraph.com - 13:45 Aug 18, 2025
A China Merchants Bank subsidiary launched a Hong Kong-based crypto exchange for professional investors after securing a virtual asset service provider license. CMB International Securities Limited, a subsidiary of the China Merchants Bank (CMB) — one of China’s top banks — launched a cryptocurrency exchange in Hong Kong. According to a Monday CMB WeChat announcement, the bank has started offering virtual asset trading services. The launch comes after the Hong Kong Securities and Futures Commission approved the bank’s application for a virtual asset service provider license in mid-July. CMB’s Hong Kong-based crypto exchange allows for 24/7 trading of Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) for eligible investors. Documentation provided by the bank clarified that only professional investors are eligible for crypto trading services. Read more -
Cointelegraph.com - 13:30 Aug 18, 2025
The real tokenization revolution is unfolding in private markets, unlocking access, liquidity and inclusion beyond what public stocks offer. Opinion by: Alex Svanevik, CEO of Nansen Since tokenization first gained mainstream attention during the 2017 initial coin offering boom and early blockchain projects aimed at digitizing assets such as equities and commodities, it has been crypto’s go-to pitch for modernizing finance. For many, however, the conversation stops at tokenizing public equities, putting existing stocks onchain for fractional ownership and 24/7 trading. While these steps are nice to have, they’re a far cry from a revolution. The truth is that equities are already very efficient markets, meaning the marginal gains from deploying blockchain technology are notably small. Read more -
Cointelegraph.com - 13:08 Aug 18, 2025
ASICKey executive Samuel Li said that solo Bitcoin miners have a one in 650,000 chance of solving a block every 10 minutes with one petahash of hashpower. A solo miner successfully mined a Bitcoin block on Sunday, collecting a 3.137 BTC payout, worth about $371,000 at the time. The miner operated through the Solo CK pool, a service for solo miners. They mined block 910,440 and collected the standard 3.125 BTC and about 0.012 BTC in transaction fees. The block included 4,913 transactions, and the fees totalled $1,455. With Bitcoin’s hashrate being dominated by massive industrial-scale mining operations, the chances of a solo miner hitting a block are slim. Yet, with efficient hardware, even smaller players can claim the same block rewards in rare instances. Read more -
Cointelegraph.com - 12:38 Aug 18, 2025
A savvy trader turned a $125,000 investment into almost $43 million at its peak, before locking in almost $7 million of profit after the market downturn decreased their long positions. A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his Ether (ETH) long position. Despite the market downturn, the trader closed all his positions, locking in a net profit of $6.86 million on Monday, generating an impressive 55-fold return on his investment, according to blockchain data platform Lookonchain. Read more -
Cointelegraph.com - 12:09 Aug 18, 2025
Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 on Wednesday, only to dip to $115,000 on Sunday. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price swung to new all-time highs before retreating last week. Strategy acquired 430 Bitcoin (BTC) for $51.4 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. The new Bitcoin batch cost the company an average price of $119,666 per coin, reflecting the massive volatility last week, with BTC trading at about $120,000 on Monday and slipping to as low as $115,000 on Sunday, according to CoinGecko. Read more
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